48237 Oak Park, MI is a great city to live in with plenty of job opportunities and lots of attractions. There are many retail stores, such as Walmart, CVS Pharmacy, and Meijer. In addition, there are plenty of restaurants to choose from, including Red Robin Gourmet Burgers, China Express, and Toarmina's Pizza. Oak Park is also home to some great local attractions like the Longacre House Museum, Detroit Zoo, and Cranbrook Institute of Science. With its reasonable 2 bedroom rent of $1,460 per month and grocery cost index at 94 versus the US average 100, 48237 Oak Park is a great neighborhood for families or anyone looking for an affordable place to live in Michigan.
Oak Park (zip 48237) has an unemployment rate of 5.9%. The US average is 6.0%.
Oak Park (zip 48237) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 33.7%, which is higher than the US average of 33.5%.
Tax Rates for Oak Park (zip 48237)
- The Sales Tax Rate for Oak Park (zip 48237) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Oak Park (zip 48237) is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Oak Park (zip 48237)
- The average income of a Oak Park (zip 48237) resident is $22,143 a year. The US average is $28,555 a year.
- The Median household income of a Oak Park (zip 48237) resident is $58,700 a year. The US average is $69,021 a year.